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Jimbei Corp. uses the Working Hours Method in computing depreciation. The depreciation rate per hour is P6.40 and total depreciable amount is P800,000. Estimated useful

Jimbei Corp. uses the Working Hours Method in computing depreciation. The depreciation rate per hour is P6.40 and total depreciable amount is P800,000. Estimated useful life in years is 3 years. Total Service hrs is divided into; 25% in the 1st year, 35% in the 2nd year and 40% in the 3rd year.

How much is the depreciation expense for Year 3?

280,000

300,000

320,000

All are members of the Straw hat Pirates, except:

Brook

Luffy

Zoro

Nanami

How much is the depreciation expense for Year 1?

125,000

150,000

175,000

200,000

How much is the depreciation expense for Year 2?

225,000

250,000

280,000

What is the estimated life in terms of service hours?

100,000

110,000

120,000

125,000

need answer asap

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